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Share Name Share Symbol Market Type
Expedia Group Inc NASDAQ:EXPE NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 152.28 150.64 152.28 0 01:00:00

Expedia Receives Binding Offer for Corporate Travel Arm From American Express Global Business Travel

04/05/2021 2:04pm

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By Dave Sebastian

 

Expedia Group Inc. said Tuesday it received a binding offer from American Express Global Business Travel for Egencia, Expedia's corporate travel arm, the companies said.

Under the proposed deal, terms of which the companies didn't disclose, Expedia would become a shareholder in and enter a long-term commercial agreement with American Express Global Business Travel, the companies said Tuesday.

Expedia will report first-quarter results after market close Thursday.

 

Write to Dave Sebastian at dave.sebastian@wsj.com

 

(END) Dow Jones Newswires

May 04, 2021 08:49 ET (12:49 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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